I had a 94, and now an 02, and have experienced some of the same problems. You would see a problem with the Bushings in tire wear. If you experience pulling or drifting to the same side as your last turn, have your balljoints checked.

Check your tire pressure, especially if this is a recent problem or you use a Quick change oil place. Make your tires harder by inflating them while staying below the Max amount. If you have tires with soft sidewalls the float will not go away.

The fronts have shocks. An alignment would show if bushings were needed. I put a 100,000 miles on my 94 after replacing the shocks, but they were replaced at 61000 giving the total 161,000 on the Air suspension. My 02 is still factory equipped.

This series of cars were durable vehicles. Any handling problem pointed to tires and Alignment. So far shocks are staying reasonable priced and you can get good deals on the Web, but deal with firms who give free shipping.

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Another 4.6 out of a '94 Grand Marquis. If you can. That way all the sensors will be correct and the wiring harness will plug-and-play. You can install almost any 4.6 but, depending on the year, there's going to be a lot of issues making them work with the electronics in your '94 Marquis.

I dont have the exact model in my notes but you can figure your fix with my references.. Ford used the Mcphearson strut assembly on a wish bone suspension alot...
I attached pixes of various kinds never undo the bolt on the center top of your strut just promise to read this through
the three bolts hold the whole assembly in place some are on strut tower some you have to go to a arms to find..
the next step is clamp it and remove the center nut stay clear from both ends remove the nut slip off spring put spring over new strut make sure the cut coil seats properly on the bottom of the strut then reinstall the the upper insulator and stud mount Ive torqued some around 45 ft lbs...
be careful good luck Im me if you need help!!!